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Published on 9/8/2010 in the Prospect News Municipals Daily.

Fulton County, Ga., intends to sell $167 million G.O. library bonds

By Cristal Cody

Tupelo, Miss., Sept. 8 - Fulton County, Ga., intends to sell $167 million in general obligation library bonds, according to a preliminary official statement.

The offering includes $24.775 million in series 2010A tax-exempt bonds with serial maturities from 2011 through 2016 and $142.225 million in series 2010B taxable Build America Bonds with serial maturities from 2017 through 2025 and terms due 2030 and 2039.

Citigroup Global Markets Inc., Goldman Sachs & Co. and Terminus Securities, LLC are the co-lead managers of the negotiated sale. Jackson Securities Inc. and Raymond James & Associates, Inc. are the co-managers.

Proceeds will be used to finance costs to acquire, design, construct and equip new library facilities.


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